PAPILLON UITVAARTZORG: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PAPILLON UITVAARTZORG
Largest movements
- Receivables within one year +€120,903
up €120,903 (+21.6%), from €558,447 to €679,350
of which Trade receivables: +€103,894
- Cash -€54,560
down €54,560 (-29.8%), from €182,969 to €128,410
mainly Receivables within one year (-€120,903) and Investment in fixed assets (net) (-€85,487)
- Tangible fixed assets +€10,505
up €10,505 (+6.6%), from €158,005 to €168,510
of which Other tangible fixed assets: +€30,468
- Profit (loss) carried forward +€51,040
up €51,040, from €0 to €51,040
- Advances received +€44,420
up €44,420 (+536%), from €8,292 to €52,712
- Trade debts -€32,144
down €32,144 (-13.7%), from €234,363 to €202,219
- Tax, wage and social debts +€15,039
up €15,039 (+16.0%), from €94,259 to €109,298
of which Remuneration and social security: +€18,638
- Accrued charges and deferred income +€11,739
up €11,739 (+180%), from €6,522 to €18,261
- Staff costs +€94,044
up €94,044 (+18.5%), from €507,264 to €601,308
- Gross operating margin +€42,109
up €42,109 (+5.6%), from €750,810 to €792,919
- Other operating charges +€33,060
up €33,060 (+1,323%), from €2,499 to €35,558
- Taxes -€23,544
down €23,544 (-52.7%), from €44,694 to €21,149
- Depreciation +€10,807
up €10,807 (+17.3%), from €62,315 to €73,122
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €948,347 | €1,038,675 | +€90,328 | +9.5% |
| Fixed assets | 21/28 | €161,510 | €173,875 | +€12,365 | +7.7% |
| Intangible fixed assets | 21 | - | €1,860 | +€1,860 | |
| Tangible fixed assets | 22/27 | €158,005 | €168,510 | +€10,505 | +6.6% |
| Plant, machinery and equipment | 23 | €10,494 | €30,217 | +€19,722 | +188% |
| Furniture and vehicles | 24 | €124,567 | €84,882 | -€39,685 | -31.9% |
| Other tangible fixed assets | 26 | €22,944 | €53,412 | +€30,468 | +133% |
| Financial fixed assets | 28 | €3,505 | €3,505 | = | 0.0% |
| Current assets | 29/58 | €786,836 | €864,800 | +€77,963 | +9.9% |
| Stocks and contracts in progress | 3 | €45,420 | €47,668 | +€2,248 | +4.9% |
| Stocks | 30/36 | €45,420 | €47,668 | +€2,248 | +4.9% |
| Amounts receivable within one year | 40/41 | €558,447 | €679,350 | +€120,903 | +21.6% |
| Trade receivables | 40 | €171,916 | €275,810 | +€103,894 | +60.4% |
| Other amounts receivable | 41 | €386,531 | €403,540 | +€17,009 | +4.4% |
| Cash at bank and in hand | 54/58 | €182,969 | €128,410 | -€54,560 | -29.8% |
| Deferred charges and accrued income | 490/1 | - | €9,371 | +€9,371 | |
| Total equity and liabilities | 10/49 | €948,347 | €1,038,675 | +€90,328 | +9.5% |
| Equity | 10/15 | €604,911 | €656,185 | +€51,274 | +8.5% |
| Contributions | 10/11 | €18,600 | €18,813 | +€213 | +1.1% |
| Reserves | 13 | €586,311 | €586,333 | +€21 | 0.0% |
| Non-distributable reserves | 130/1 | - | €21 | +€21 | |
| Reserves not available under the articles | 1311 | - | €21 | +€21 | |
| Distributable reserves | 133 | €586,311 | €586,311 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €51,040 | +€51,040 | |
| Amounts payable | 17/49 | €343,436 | €382,489 | +€39,054 | +11.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €336,914 | €364,229 | +€27,315 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €234,363 | €202,219 | -€32,144 | -13.7% |
| Suppliers | 440/4 | €234,363 | €202,219 | -€32,144 | -13.7% |
| Advances received on contracts in progress | 46 | €8,292 | €52,712 | +€44,420 | +536% |
| Taxes, remuneration and social security | 45 | €94,259 | €109,298 | +€15,039 | +16.0% |
| Taxes | 450/3 | €13,121 | €9,521 | -€3,600 | -27.4% |
| Remuneration and social security | 454/9 | €81,139 | €99,777 | +€18,638 | +23.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €6,522 | €18,261 | +€11,739 | +180% |
| Non-recurring operating income | 76A | €3,104 | - | -€3,104 | |
| Remuneration, social security and pensions | 62 | €507,264 | €601,308 | +€94,044 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,315 | €73,122 | +€10,807 | +17.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,071 | €8,983 | -€88 | -1.0% |
| Other operating charges | 640/8 | €2,499 | €35,558 | +€33,060 | +1,323% |
| Non-recurring operating charges | 66A | - | €9,640 | +€9,640 | |
| Gross operating margin | 9900 | €750,810 | €792,919 | +€42,109 | +5.6% |
| Operating profit (loss) | 9901 | €169,662 | €64,308 | -€105,354 | -62.1% |
| Financial income | 75/76B | €7,339 | €9,584 | +€2,245 | +30.6% |
| Recurring financial income | 75 | €7,339 | €9,584 | +€2,245 | +30.6% |
| Financial charges | 65/66B | €3,776 | €2,641 | -€1,135 | -30.1% |
| Recurring financial charges | 65 | €3,776 | €2,641 | -€1,135 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €173,225 | €71,252 | -€101,973 | -58.9% |
| Income taxes | 67/77 | €44,694 | €21,149 | -€23,544 | -52.7% |
| Profit (loss) for the period | 9904 | €128,531 | €50,103 | -€78,429 | -61.0% |
| Transfer from tax-exempt reserves | 789 | - | €18 | +€18 | |
| Profit (loss) for the period to be appropriated | 9905 | €128,531 | €50,120 | -€78,411 | -61.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.